Airtel Money Escrow enables purchase of float across KCBU Branch network. It offers merchants, and Airtel money agents a safe, secure, and convenient place to purchase and liquidate float for their business and personal needs. The Airtel trust account serves an ecosystem comprising super dealers, territory dealers, financial technology companies, airtel money agents and walk-in customers.
Airtel money users (agents, merchants, subscribers) in need of airtel money float will access the trust account services in three main ways:
Our cashiers will receive your cash and avail float on your mobile money line. You will receive an SMS notification to confirm that float has been allocated to you. The branch touch point will service both KCB account holders and non-account holders.
Suitable for customers of KCB Bank. A holder of an account at KCB Bank will make a request for float purchase by completing the bank’s funds transfer template or by issuing instructions through an indemnified e-mail. The Bank will accordingly allocate float if the customer’s account is regular, active, and sufficiently funded.
A non-account holder can transfer funds from their bank to purchase float at KCB by quoting the beneficiary account number as 2307064540 / AIRTEL ESCROW and quoting their agent line under purpose of remittance.
